golfnut
Full time employment: Posting here.
Just curious what forum members would do here.
Lump sum is approx. $135,000. Yearly payout for life is $8,400 ( joint-no inflation adjustment).
Pretend you are 55 yrs old, married and ready to retire and do not necessary need the yearly payout right away (can hold out to at least 59.5).
Would you take the lump sum and roll it into a 401k (maybe put in Wellesley Fund) or would you take the yearly payout?
Golfnut
Lump sum is approx. $135,000. Yearly payout for life is $8,400 ( joint-no inflation adjustment).
Pretend you are 55 yrs old, married and ready to retire and do not necessary need the yearly payout right away (can hold out to at least 59.5).
Would you take the lump sum and roll it into a 401k (maybe put in Wellesley Fund) or would you take the yearly payout?
Golfnut